BSGR says Guinea seeking to seize its iron ore rights

03 Nov, 2012

 

"This is the fifth and most clumsy attempt by an already discredited Government of Guinea in an ongoing campaign to illegally seize BSGR's assets," it said.

 

The Financial Times reported on Friday a government committee had launched a corruption probe into the award process for the blocks under a previous regime in 2008.

 

The blocks had previously been stripped from Anglo-Australian miner Rio Tinto.

 

Copyright Reuters, 2012

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